Social Security Retirement Benefits

Social Security Retirement Benefits

Whether you are a new retiree or have been receiving social security retirement benefits for years, there are some important things to keep in mind. Some of these things include your spouse’s benefits, COLAs, early retirement, and how working during your retirement years may decrease your benefits.

Early retirement

Several studies have shown that early retirement benefits are not necessarily a boon. Although they are a good way to collect a monthly benefit, early retirees are also at a disadvantage. They are especially vulnerable to poverty and low-wage jobs. They may also be at risk for health complications.

The Social Security Administration has a system in place to reduce benefits for people who work more than 45 hours a month before their full retirement age. Benefits are reduced by 5/9 of one percent of the monthly benefit amount for each month before the normal retirement age. The full retirement age …

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Why Leasing a Car is Smart

Why Leasing a Car is Smart

Whether you need a car for your business or pleasure, you’ll find that leasing a car is a smart choice. In fact, you’ll save a lot of money, and get to enjoy your new car while paying off your payments.

Cost

Unlike buying a car, leasing a vehicle means renting the car for a set period of time. This allows you to take advantage of new and expensive cars without the burden of paying for the car out of pocket. A car lease also provides a number of perks, including maintenance coverage and manufacturer warranty.

The cost of leasing a car varies by the car you are leasing, its age, and its type. Some vehicles have more expensive monthly payments, but these may be offset by lower annual mileage. The length of the lease can also affect the cost of leasing a car.

Typically, car leases last three or four …

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Online Payday Loans - How to Get a Payday Loan Without a Credit Check

Online Payday Loans – How to Get a Payday Loan Without a Credit Check

Whether you’re dealing with a crisis or simply want a little cash, online payday loans can help you get the money you need quickly and affordably. However, it’s important to be careful and to check out your options before you sign up. In addition to finding a lender that doesn’t check your credit, you should also be aware of the types of fees and interest rates that you can expect.

Avoid high interest rates

Taking out a payday loan can seem like a quick fix. But the average payday loan interest rate is 391%. If you get a payday loan that you cannot repay, it can have serious consequences. Defaulting on a payday loan can damage your credit for years to come.

The Consumer Financial Protection Bureau advises that you avoid payday loans if you can, because they can lead to a debt cycle. It’s better to get a personal …

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The Limitations of the Social Security Retirement Calculator

The Limitations of the Social Security Retirement Calculator

Using the SSA retirement calculator may be a quick and easy way to calculate your Social Security benefits, but it can be misleading, inaccurate, or not as helpful as you might think. The SSA calculator is based on assumptions and limits, which may not be a good idea when you’re planning your retirement. In this article, you’ll learn about the limitations of the SSA retirement calculator and how to get a more accurate estimate.

Life expectancy is a key component of the assumptions to be considered when determining when to claim benefits

Choosing the right time to file for Social Security retirement benefits depends on many factors, including age, marital status, health, career, and life expectancy. If you aren’t sure how to best claim your Social Security benefits, you should seek advice and guidance from an expert.

The Social Security Administration (SSA) has an online Retirement Estimator tool. This tool …

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